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Gold's Advantage Over Bitcoin in Hedging Against Dollar Collapse
#SaylorBTCPurchase
According to PANews, Daan Struyven, Co-Head of Global Commodities Research at Goldman Sachs, has highlighted gold's superior effectiveness over Bitcoin in hedging against the risk of a dollar collapse. Struyven's risk-reward analysis favors gold, noting that while both Bitcoin and gold have seen significant increases over the past three years, Bitcoin exhibits greater volatility and sensitivity to market pullbacks. Additionally, Bitcoin shows a higher positive correlation with technology stocks. Consequently, for those seeking to mitigate stock market downturn risks, gold's lower correlation and volatility suggest a more favorable allocation towards it.
#btc
#DEVIL
#DEVILSQUADS $BTC
$ETH
#SaylorBTCPurchase
According to PANews, Daan Struyven, Co-Head of Global Commodities Research at Goldman Sachs, has highlighted gold's superior effectiveness over Bitcoin in hedging against the risk of a dollar collapse. Struyven's risk-reward analysis favors gold, noting that while both Bitcoin and gold have seen significant increases over the past three years, Bitcoin exhibits greater volatility and sensitivity to market pullbacks. Additionally, Bitcoin shows a higher positive correlation with technology stocks. Consequently, for those seeking to mitigate stock market downturn risks, gold's lower correlation and volatility suggest a more favorable allocation towards it.
#btc
#DEVIL
#DEVILSQUADS $BTC
$ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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